<PAGE> 1
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
August 24, 2000
Date of Report (date of earliest event reported)
VIDEO CITY, INC.
(Exact name of registrant as specified in its charter)
Delaware
(State or other jurisdiction of
incorporation or organization)
0-14033 95-3897052
(Commission File Number) (I.R.S. Employer
Identification No.)
9998 Global Road, 2nd Floor, Philadelphia, Pennsylvania 19115
(Address of principal executive offices) (Zip Code)
(215) 856-2560
(Registrant's telephone number, including area code)
<PAGE> 2
Item 3. Bankruptcy or Receivership.
On August 24, 2000, Video City, Inc. (the "Company") and its subsidiaries
(Old Republic Entertainment, Inc., Sulpizio One, Inc., Videoland, Inc., Video
Galaxy, Inc. and Video Tyme, Inc.) filed voluntary petitions for reorganization
under Chapter 11 of the U.S. Bankruptcy Code in the United States Bankruptcy
Court for the Central District of California. No trustee, receiver or examiner
has been appointed and the Company is continuing to operate as a
debtor-in-possession.
A press release relating to these matters is attached hereto as Exhibit 99
and is incorporated herein in its entirety by reference.
Item 7. Financial Statements and Exhibits.
Exhibit 99 - press release dated August 24, 2000.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned thereunto duly authorized.
VIDEO CITY, INC.
Date: August 24, 2000
/s/ Robert Y. Lee
------------------------------------
Robert Y. Lee
Chairman and Chief Executive Officer
